Yes, you can enter the Administrative and Severance expense in the category of Miscellaneous Expenses. The royalty income and expenses should be entered under the category Rentals, Royalties, and Farm (TurboTax online) or Rental Properties and Royalties (TurboTax CD/download). The expenses associated with your Royalty income should appear in Part 1 of Schedule E, Supplemental Income and Loss.
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